Tagged: asia

October 2, 2015 @ 6:07 pm By JD Alois  |  

List71, based in Singapore, has put a new spin on the crowdfunding space.  According to the site description, List71 is “beyond debt and equity”.  Investors sign up to receive a portion the company’s revenue for a period of time instead of purchasing direct ownership.  Company… Read More

October 1, 2015 @ 1:46 am By Midori Yoshimura  |  

Indonesia’s Financial Services Authority, or OJK, will announce a countrywide crowdfunding regulation next week, said OJK Chairman Muliaman Hadad, according to DealStreetAsia. The regulation will be simple and allow startups open access to funding, he added. The upcoming regulation would lay out plans for promoting VC businesses and for establishing new… Read More

September 15, 2015 @ 1:08 am By Midori Yoshimura  |  

  Recently, Soul Htite, co-founder and CEO of Dianrong.com, one of China’s fastest-growing peer-to-peer lenders, did a little debunking of P2P and conventional banking assumptions. In a recent exclusive interview with FinanceAsia, he noted, One of the common misconceptions of P2P lenders is that they go head-to-head with… Read More

September 3, 2015 @ 11:05 am By JD Alois  |  

The Securities CommissionMalaysa, (SC) is in the midst of hosting its annual World Capital Markets Symposium in Kuala Lumpar. The Malaysian Prime Minister, Dato’ Sri Najib Razak, was in attendance to deliver a keynote address that acknowledged the participants from around the world.  SC Chairman… Read More

September 2, 2015 @ 11:55 pm By JD Alois  |  

Peer to peer lending keeps going higher in China.  The world’s largest direct lending market topped 97.5 billion yuan ($15.3 billion) in August according to a report in the Shanghai Daily. To put this in comparison, Lending Club in the US has funded just over… Read More

September 2, 2015 @ 8:23 am By JD Alois  |  

The Securities Commission Malaysia (SC) will be hosting big name global leaders alongside disruptive entrepreneurs at its World Capital Markets Symposium taking place in Kuala Lumpar in next week, September 3-4. Many of the speakers are internationally recognized names. Entitled “Markets and Technology: Driving Future… Read More

August 31, 2015 @ 11:15 am By JD Alois  |  

Quoting Massolution, crowdsourcing.org “Global crowdfunding experienced accelerated growth in 2014, expanding by 167 percent to reach $16.2 billion raised, up from $6.1 billion in 2013. In 2015, the industry is set to more than double once again, on its way to raising $34.4 billion. These… Read More

August 27, 2015 @ 3:29 pm By JD Alois  |  

Real estate crowdfunding platform CoAssets is looking to set up shop in neighboring Malaysia.  Earlier this year Malaysian securities authorities announced the approval of 6 investment crowdfunding platforms but CoAssets, based in Singapore, was not on the list.  Denied at the time,  CoAssets is currently… Read More

August 26, 2015 @ 9:45 am By Albert Santos  |  

Crowdfunding in Indonesia is still in its infancy stage which is on par with most of Southeast Asia. For a country that is home to multiple ethnic groups carrying different languages and hundreds of volcanic islands, the government is poised to be in a good… Read More

August 24, 2015 @ 9:28 pm By JD Alois  |  

Dianrong, a Chinese peer to peer lending platform, has received a new funding round in the amount of $207 million led by Standard Chartered with  participation from China Fintech Fund and Bohai Leasing.  The Series C funding was declared the largest ever for the direct… Read More

August 21, 2015 @ 2:00 am By JD Alois  |  

Developer of solar projects Kong Sun Holdings based in Hong Kong went to the banks to finance a project in Mongolia.  Banks said no thanks so Kong Sun went online and raised a $161 million loan from Solarbao.  This is according to a recent report… Read More

August 17, 2015 @ 12:56 pm By Samantha Hurst  |  

Australian listed crowdfunding platform CoAssets Limited (“CoAssets” or the “Company”) (NSX code: CAX), confirmed on Monday that it has successfully crowdfunded the platform’s first Singapore-based real estate project.  Launched on July 1st, Mountbatten Lights, a boutique cluster bungalow development, managed to raise S$500,000 from more than… Read More

August 14, 2015 @ 10:55 am By JD Alois  |  

Chinese peer to peer lender Migang has formed a strategic partnership with Tianan Property Insurance to provide additional security to customers. According to a report in China News, Cao Xiaofeng, Chairman of Migang, said; “Risk control has been a challenge for P2P sector, and we… Read More

August 6, 2015 @ 11:50 am By Samantha Hurst  |  

Burford Capital, a global finance and professional services firm focused on law, announced on Thursday its launch in Hong Kong and the formation of a new Burford Asia Advisory Board. Burford’s launch in Hong Kong positions it to meet growing demand for litigation and arbitration… Read More

August 4, 2015 @ 12:18 pm By JD Alois  |  

Scott Picken is based in South Africa but he clearly thinks big when considering the addressable market for his real estate crowdfunding platform Wealth Migrate. It is his opinion that banking, insurance, real estate – basically all aspects of finance –  will be revolutionized by… Read More

August 2, 2015 @ 7:13 pm By JD Alois  |  

Woomentum.Fund, a Singapore based crowdfunding platform, launched this weekend seeking to empower, and help fund, Asian based women led startups. Founded by Mouna Aouri Langendorf, Woomentum.Fund seeks to provide personalized support, and social boost, along with capital for female entrepreneurs. “Women entrepreneurs often find it hard… Read More

July 28, 2015 @ 4:17 pm By Samantha Hurst  |  

Tripping.com, a search engine for vacation homes and short-term rentals, announced it has raised $16 million in Series B financing from investors across New York, Silicon Valley, Asia, and Europe. This news coincides with the unveiling of significant growth statistics, including a 2,918% increase in… Read More

July 28, 2015 @ 1:08 am By Midori Yoshimura  |  

  Moody’s Investor Service on Monday said that tighter regulations in China, which is Aa3 stable, have been successful in slowing the growth of core “shadow banking” activity. However, other alternative banking activities have been expanding more rapidly–a situation akin to pushing down on an inflating air mattress and watching the surrounding space rise… Read More

July 18, 2015 @ 8:09 am By JD Alois  |  

  CoAssets, Southeast Asia’s first real estate crowdfunding platform, held its second Expo for Property, Investing and Crowdfunding (EPIC) in Singapore this past week. Organizers state that attendance doubled over year prior as interest in real estate crowdfunding has soared.  Over 900 attendees participated in… Read More

July 7, 2015 @ 12:01 pm By JD Alois  |  

Singapore based real estate crowdfunding platform CoAssets will publicly trade shares on NSX, an Australian stock exchange. This comes as CoAssets announces expanding its platform into Australia.  According to a report from the company, CoAssets, the first crowdfunding site for real estate projects in Southeast Asia, will… Read More